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Stock impact report

VSE announces acquisition of Kellstrom Aerospace [Seeking Alpha]

VSE Corporation (VSEC) 
US:NASDAQ Investor Relations: ir.vsecorp.com
Company Research Source: Seeking Alpha
The transaction expected to close in the fourth quarter of 2024. The company also said it expects Q3 revenue between ~$268M and ~$275M, while Q3 operating income is expected to be ~$22M to ~$24M. "VSE's 3Q 2024 performance and current aftermarket trends are expected to support Aviation segment full-year revenue growth above Company expectations and previously provided guidance, while impacting the Fleet segment as full-year revenue is anticipated to decline year-over-year," it said. To finance a portion of the cash consideration of the acquisition, VSE has also commenced an underwritten public offering of shares of its common stock. Source: Press Release More on VSE VSE Corporation: Capitalizing On Aviation Demand And Robust Aftermarket Growth (Rating Upgrade) VSE names Adam Cohn as its CFO Seeking Alpha's Quant Rating on VSE Historical earnings data for VSE Recommended For You Comments More Trending News Recommended For You More Trending News Show less Read more
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